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XRP Weekly Structure Puts Several Higher Price Levels on the Radar

source-logo  thecryptobasic.com 14 h
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$XRP weekly Elliott Wave structure places the current pullback in Wave 2, with $1.44 support and $1.88 resistance shaping the next stage of the setup.

$XRP’s weekly chart is sitting at an important stage of a broader Elliott Wave setup, with price near $1.50 after completing the first leg of the structure. The current pullback is being treated as Wave 2, while the next larger expansion would only come into focus if $XRP continues to hold the support cluster beneath the current price.

$XRP USD Weekly Wave Analysis Chart
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The chart does not show a specific exchange, but it is built on the $XRP/USD weekly timeframe. Its reference price stands at $1.4980, with a recent high near $1.6992 and a low around $0.9852.

$XRP Is Now Working Through Wave 2

The blue wave count shows the first advance already completed, followed by the current Wave 2 retracement.

That pullback is developing inside a broad support zone marked by Fibonacci levels at $1.5693, $1.4446, and $1.2939. $XRP is trading between the upper two levels, so the immediate question is whether buyers can keep price above the mid-$1.40s and prevent a deeper retracement toward $1.29.

The chart also shows a shaded historical zone across this region, suggesting sideways trade could continue before the next impulse begins.

A sustained break below $1.2939 would weaken the current wave count and force a reassessment of the bullish structure.

$1.88 and $2.90 Come Before the Bigger Move

Above current price, the first extension sits at $1.8815. $XRP would need to gain about 26% from $1.4980 to reach that level.

The next important extension appears at $2.9032, almost 94% above the current reference price.

Only after those levels are cleared does the projected Wave 3 advance begin to open toward $4.1046. From $1.4980, that would require roughly a 174% move.

The chart then places Wave 5 around $7.0790, representing an increase of about 373% from current price.

Higher Extensions Stretch Toward $36.76

Beyond the first five-wave sequence, the chart marks additional extension levels at $10.1106 and $18.2275, with a much larger projection at $36.7676.

Those distant levels are not the immediate setup. They depend on $XRP first holding the Wave 2 support zone and then successfully clearing the nearer resistance levels at $1.88, $2.90, $4.10 and $7.07.

For now, the next observable test is much closer: $XRP needs to hold above roughly $1.44 and begin pushing back through $1.57-$1.88 before the larger roadmap gains stronger technical support.

thecryptobasic.com